Rithm Capital Q1 net income $261.6M; appoints David Zeiden as Chief Legal Officer

Rithm Capital Corp.

2024-Q1 EPS reported $0.54 revenue$1,286,310,000

GAAP net income $261.6M ($0.54/diluted share) vs Q4 loss of $87.5M.
Earnings Available for Distribution $233.2M ($0.48/share); common dividend $0.25/share.
David Zeiden appointed Chief Legal Officer; Philip Sivin transitions to Managing Director, Chief Counsel M&A.
Newrez segment pre-tax income $408.1M, origination volume $10.8B (+21% QoQ).
Acquisition of SLS (Computershare Mortgage Services) targeting Q2 close includes $45B MSR and $104B servicing.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Philip Sivin

Managing Director and Chief Counsel for M&A and strategic transactions

RITM · Rithm Capital Corp.

Effective: 2024-04-30
Filed: April 30, 2024, 7:59 PM ET

On April 30, 2024, in connection with Mr. Zeiden’s appointment, Philip Sivin transitioned from the role of Chief Legal Officer and remains a key part of the Company as Managing Director and Chief Counsel for M&A and strategic transactions, along with other responsibilities.

Appointed

David Zeiden

Chief Legal Officer

RITM · Rithm Capital Corp.

Effective: 2024-04-30
Filed: April 30, 2024, 7:59 PM ET

On April 30, 2024, David Zeiden was appointed Chief Legal Officer of Rithm Capital Corp.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Rithm Capital Corp. reported first quarter ended March 31, 2024 results: net income $261.6 million, EPS $0.54 per diluted common share.

Period: first quarter ended March 31, 2024
Net income: $261.6 million
EPS: $0.54 per diluted common share
Result: reported results

Exact text from the filing

GAAP net income of $261.6 million, or $0.54 per diluted common share

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Philip Sivin changed role as Managing Director and Chief Counsel for M&A and strategic transactions at Rithm Capital Corp..

Action: transitioned
Role: Managing Director and Chief Counsel for M&A and strategic transactions

Exact text from the filing

On April 30, 2024, in connection with Mr. Zeiden’s appointment, Philip Sivin transitioned from the role of Chief Legal Officer and remains a key part of the Company as Managing Director and Chief Counsel for M&A and strategic transactions, along with other responsibilities.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Zeiden was appointed as Chief Legal Officer at Rithm Capital Corp..

Action: appointed
Role: Chief Legal Officer

Exact text from the filing

On April 30, 2024, David Zeiden was appointed Chief Legal Officer of Rithm Capital Corp.

View on SEC.gov

1447 earnings releases filed in the last 30 days. Browse all earnings releases →

Rithm Capital Corp. filing history →

Source: SEC EDGAR

accession 0001556593-24-000010

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